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Sep 26, 2012
09/12
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you know it as the fiscal cliff. exploration of the bush era tax cut and start of $1 trillion of budget cuts. chief congressional correspondent mike emanuel says it's unsettling to a large segment of the u.s. u.s. economy. >> many small business owners expression anxiety as the u.s. economy facing so-called fiscal cliff. that translates to some 600 billion in tax hikes and government spending cuts. due to take effect in the next year. >> i want to grow and invest in the community. i am holding things back because of the uncertainty. >> survey of the national association of neverrers and the independent business revealed 55% say federal regulation, tax, government spending and the cost of health insurance have hurt the economy and their businesses. >> small businesses are on the sidelines. not inclined to invest now until they see what is going to happen between now and the end of the year. >> experts say it's about risk and reward. business owners won't gamble their money when they don't know what the government migh
you know it as the fiscal cliff. exploration of the bush era tax cut and start of $1 trillion of budget cuts. chief congressional correspondent mike emanuel says it's unsettling to a large segment of the u.s. u.s. economy. >> many small business owners expression anxiety as the u.s. economy facing so-called fiscal cliff. that translates to some 600 billion in tax hikes and government spending cuts. due to take effect in the next year. >> i want to grow and invest in the community. i...
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Nov 30, 2012
11/12
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going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid for congress to do its job and insure that the united states of america does pay the bills is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and deeply irresponsible if we were to see that kind of approach taken again. >> something new in the proposal. they want to continue to raise the debt limit on their own unless two-thirds of lawmakers say no. >> gretchen: do you remember on this program yesterday where we said this is not a deal. what is proposed is not a deal. a definition of deal, both sides give something, right. this
going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid...
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Nov 16, 2012
11/12
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they will discuss a compromise perhaps to stop the so-called fiscal cliff. there is new reports out there, signs some willingness to compromise perhaps on the issue of raising taxes but here is sort of where both parties have stood in recent days. >> there are ways to put revenue on the table without increasing tax rates. we talked about this now for over a year. >> we can not afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle class taxes don't go up. martha: all right. that's where it has been for some time between those two sides. if this is not resolved, 158 million americans will be affected in terms of their taxes going up. of average households will pay $3500 in additional tax, a huge chunk of their income. some 88% of households will see their taxes go up if no deal is reached. let's bring in the great panel this morning, marjorie clifton the principle at clifton consulting. mary katharine ham, editor-at-large for hotair.com and fox news contributor. welcome to you both. >> good morning. >> first question to yo
they will discuss a compromise perhaps to stop the so-called fiscal cliff. there is new reports out there, signs some willingness to compromise perhaps on the issue of raising taxes but here is sort of where both parties have stood in recent days. >> there are ways to put revenue on the table without increasing tax rates. we talked about this now for over a year. >> we can not afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle class taxes...
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Jan 3, 2013
01/13
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i'm laying off 20 people because of the deal on the fiscal cliff, because the deal on the fiscal cliff includes all the taxes on obamacare. >> small businesses, really, are in the cross-hairs here. they're in a lot of trouble. you know, it will, you would be real reluctant to grow your people more than 50 employees because of all the different laws, taxes and fiscal cliff, obamacare and things like that. i think one of the big problems, a lot of people don't realize, a lot of workers don't end up on medicaid and medicaid. that means up to 11 million workers end up on medicaid over the course of the next year or so. states can't afford that. first of all not the greatest of insurance policies if you will, but states imagine, 11 million more people on medicaid and states --. bill: huge burden. big price on that. obamacare taxes are in place now, matt, but the law doesn't go into effect for another year. >> but we're --. bill: when has this ever happened before? >> well, seeing changes already. that is kind of scary to me. we're 12 months out. what happenone year from now a lot of compani
i'm laying off 20 people because of the deal on the fiscal cliff, because the deal on the fiscal cliff includes all the taxes on obamacare. >> small businesses, really, are in the cross-hairs here. they're in a lot of trouble. you know, it will, you would be real reluctant to grow your people more than 50 employees because of all the different laws, taxes and fiscal cliff, obamacare and things like that. i think one of the big problems, a lot of people don't realize, a lot of workers...
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2.1K
Dec 21, 2012
12/12
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from the fiscal cliff. >> i think we saw last night yet the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington, and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see that our colleagues on the other side of the capitol can do likewise, can get serious to try and address the real problem of spending so we can get on about the business of growing this economy and get people back to work. >> mr. speaker, a lot of the arguments that you made in favor of the bill that you pulled last night, it's a multitrillion dollar tax cut to rescue all but a fraction of taxpayers from a tax increase, also would apply to the president's proposal. are you willing to give the president's proposal a vote? >> listen, the president and i had a series of conversations. i told the president on monday, these were my bottom lines. the president told me that his numbe
from the fiscal cliff. >> i think we saw last night yet the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington, and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see that our colleagues on the other side of the capitol can do likewise,...
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Dec 31, 2012
12/12
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rick: we have been caught up count down to the fiscal cliff and there is a more fun countdown. tonight more than a million people will gather to ring in the new year. millions of dollars expected to be generated for local new york city businesses. lauren is there in times square. she joins us now. >> reporter: it turn out if you have a microphone you become really popular. it's starting to get really busy in times square. all of these people have actually started to close off the streets. they missed the cue. all right. all right. so they started to -- they started to close off the streets behind me and people are pushing close and they will start to go in at 3:00 p.m. so just a couple minutes from now. then at 6:00 that iconic ball will go all the way up, pushed about it ceo of phillips lighting. it falls down at midnight. all these crazy people behind me are expected to spend get this, $25 million. that's the economic impact for new york city. and they threw all the confetti prematurely, but when it comes down from the sky at midnight we'll see a ton of confetti fall. people
rick: we have been caught up count down to the fiscal cliff and there is a more fun countdown. tonight more than a million people will gather to ring in the new year. millions of dollars expected to be generated for local new york city businesses. lauren is there in times square. she joins us now. >> reporter: it turn out if you have a microphone you become really popular. it's starting to get really busy in times square. all of these people have actually started to close off the streets....
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Nov 20, 2012
11/12
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cliff. but the president and the house minority leader nancy pelosi on the same page? martha: a top lawmaker making serious charges against the consulate attack in libya. how he's saying two different time lines don't quite match up. bill: house intelligence head michael rogers says the time line released on the cia talking points conflicts with testimony given by the director of national intelligence. this as senator chuck grassley presses the defendants justice and the fbi on their roles in david petraeus' extramarital affair. catherine herridge with us from the beginning. what do the conflicting statements tell us? >> reporter: thursday in a classified session, the director of national intelligence and his counterparts came to capitol hill and said they didn't know who was responsible for changess to those cia talking points that minimized the role of terrorists in the attacks. now a spokesman says the intelligence community says the intelligence communities was behind the changes that st
cliff. but the president and the house minority leader nancy pelosi on the same page? martha: a top lawmaker making serious charges against the consulate attack in libya. how he's saying two different time lines don't quite match up. bill: house intelligence head michael rogers says the time line released on the cia talking points conflicts with testimony given by the director of national intelligence. this as senator chuck grassley presses the defendants justice and the fbi on their roles in...
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Nov 14, 2012
11/12
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some of business leaders as well. trying to avert the fiscal cliff by raising taxes. how will that be received? are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan
some of business leaders as well. trying to avert the fiscal cliff by raising taxes. how will that be received? are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find...
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Mar 18, 2013
03/13
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cliff tax increase. the point i was going to make to melissa is she's the business expert here. the economy is pick up, no questions about it. as that happens, bill, the tax revenues are going to increase a little bit so we maybe bailed out a little bit here, right, melissa by an improving economy. >> it's true if we don't do something to thwart it and knock it off the rails as it's trying to get better. if we don't ruin our own future. bill: it's much more morey more resilient. martha: pope francis break w-g tradition after celebrating mass. look at him om was out there shaking hands and touching people and getting out there, lots of face time and everybody was so excited because tears were streaming down their faces. he's expected to celebrate his inaugural mass in front of tense of house of worshippers in st. peters square tonight. we have not seen anything like this since pope john paul ii. no doubt it's giving his security folks many part attacks as he thrusts into the crowd there. they are also goi
cliff tax increase. the point i was going to make to melissa is she's the business expert here. the economy is pick up, no questions about it. as that happens, bill, the tax revenues are going to increase a little bit so we maybe bailed out a little bit here, right, melissa by an improving economy. >> it's true if we don't do something to thwart it and knock it off the rails as it's trying to get better. if we don't ruin our own future. bill: it's much more morey more resilient. martha:...
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Dec 5, 2012
12/12
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cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expen
cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic...
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Nov 30, 2012
11/12
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going over the fiscal cliff is serious business and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> reporter: you had senate republican leader mitch mcconnell say after a meeting with geithner that he considered this is a step backward. and so all the rhetoric, all the talk here on capitol hill sounds pretty pessimistic at this point, guys. bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats to republicans mike? melissa: democrats say if you don't like the president's plan, republicans where is your plan? where exactly are you going to generate more revenue. they're trying to draw the republicans out to put specifics out there in terms of what cuts they want to make to entitlements, feeling like that may hurt republican argument. bottom line, house democratic leader nancy pelosi says she thinks republicans will eventually see the light. melissa: why am i confident? because it is the right thing to do. the american people expect and deserve this to happen. it is only a decision. i
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> reporter: you had senate republican leader mitch mcconnell say after a meeting with geithner that he considered this is a step backward. and so all the rhetoric, all the talk here on capitol hill sounds pretty pessimistic at this point, guys. bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats...
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Jul 25, 2012
07/12
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cliff? >> they say that's what is going to happen. i hope that doesn't happen. a lot will be decided by what voters decide to do in november. if there is a new president, the job of that new president will be to convince the people that the right thing for job growth are going to happen in january, february and march and how we're going to get that done. martha: senator roy blunt, thank you for being with us. bill: fearless prediction, it's christmas eve, right? it will be late december based on the track record that we see. martha: we'll most likely find a way to postpone the sequestration and come back and talk about it little bit longer. bill: a massive manhunt is on for this woman. why the f.b.i. wants this plain jane behind bars we wonder. martha: imagine seeing this heart-stopping sight sitting on your patio. things hr-pb aren't always what they seem. >> we've had a bobcat coming down from the hillside snatching some of the domesticated cats. martha: it's not often that 911 calls end o
cliff? >> they say that's what is going to happen. i hope that doesn't happen. a lot will be decided by what voters decide to do in november. if there is a new president, the job of that new president will be to convince the people that the right thing for job growth are going to happen in january, february and march and how we're going to get that done. martha: senator roy blunt, thank you for being with us. bill: fearless prediction, it's christmas eve, right? it will be late december...
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Dec 18, 2012
12/12
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as far as the fiscal cliff is concerned as the speaker said we remain committed to trying to minimize the impact on hard-working families and small businesses in this country, as far as tax increases are concerned. we look to find the answer to solve the problem on the spending issue here in washington. the president is not yet there, he has not come to where he needs to be in order for us to push through a bill that really does begin to address the problem. and as the speaker said, that's why we are now discussing and alternative plan if the president and the white house cannot come our way. thank you. >> as the speaker and the leader said, we've been trying to make sure we do not go off this fiscal cliff. while at the same time put america on a different path, one for job creation, one that also takes care of our spending. i think many times the speaker felt that maybe he was negotiating with himself. after plan, after plan where the president stayed silent. those three weeks right after the election when the first idea was sent across from the president to the speaker we heard noth
as far as the fiscal cliff is concerned as the speaker said we remain committed to trying to minimize the impact on hard-working families and small businesses in this country, as far as tax increases are concerned. we look to find the answer to solve the problem on the spending issue here in washington. the president is not yet there, he has not come to where he needs to be in order for us to push through a bill that really does begin to address the problem. and as the speaker said, that's why...
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Nov 2, 2012
11/12
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business leaders are worried about president obama because the chances particularly of a fiscal cliff situation where you have automatic cuts, automatic tax increases are greater because he's going to be in opposition with republicans who are in congress and that's where you have they are at lagger heads they can't reach a deal and the automatic spending cuts go in. let's just face it president obama has run on a platform of increasing the size of government and raising taxes, that is not the thing you need when you have an economy recovering this slowly. martha: charlie, thank you. we'll see you soon. >> all right. bill: fox news alert now because the frustration is mounting throughout new york city and its surrounding towns. the scene of some of the most heartbreaking devastation and half of the storm related deaths from new york. that is video from staten island moments ago, people there begging for food and water and clothing, and begging for information. we are live in staten island today, what are you hearing from folks there, anna? >> they are desperate, bill. we are in an area
business leaders are worried about president obama because the chances particularly of a fiscal cliff situation where you have automatic cuts, automatic tax increases are greater because he's going to be in opposition with republicans who are in congress and that's where you have they are at lagger heads they can't reach a deal and the automatic spending cuts go in. let's just face it president obama has run on a platform of increasing the size of government and raising taxes, that is not the...
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Jul 19, 2012
07/12
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they don't know what is going to happen with the election, and the fiscal cliff coming at the end of the year. if you have so many uncertainties behind you basically led by the government, and their decisions that they've made, why would you risk your money? and that's what it comes down to. risk versus reward. you have to have good risks versus rewards and the government is not providing that for us. bill: the stock market is flat, up 2 points on the day. matt mccall in new york. we'll speak again. jamie: right now, bill at this hour there is a nation-wide hunt for a very dangerous suspect, and accused bank robber who has already been dubbed the ak-47 bandit. police say he's armed, extremely damag dangerous and still on the lose, we'll tell you if you should be on high alert. bill: a toddler missing for today's discovered trapped inside of a sewer pipe. oh, my. the dramatic rescue is coming up in moments. jamie: is dramatic even big enough for that? wo*ufplt thwow. and remember the president's council was supposed to create jobs. why haven't they met in six months? >> remember, the
they don't know what is going to happen with the election, and the fiscal cliff coming at the end of the year. if you have so many uncertainties behind you basically led by the government, and their decisions that they've made, why would you risk your money? and that's what it comes down to. risk versus reward. you have to have good risks versus rewards and the government is not providing that for us. bill: the stock market is flat, up 2 points on the day. matt mccall in new york. we'll speak...
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Jan 7, 2013
01/13
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cliff. now the talk is from nancy pelosi. go back. now we'll talk about deductions and loopholes on top of that. >> exactly. i think republicans as mitt romney was running for president thought, it would be an alternative to tax increases not in addition to tax increase. >> you know, what, charles? is that a good argument for held the line? is the lesson from this, now the door is open and every single cow will be encouraged to come out of the barn? >> absolutely although hindsight is 20/20. a lot of the cows are out of the barn. i'm sure if they go back all over again no way in the world boehner could agree to this sort of a deal i think. now they have the same public relations campaign with respect, do we use the debt ceiling as the battleground for this? i don't know they have the stomach for that. sequestration. who cares more about defense spending, republicans or democrats? continuing resolution might be a place where they draw a line in the sand. it is pretty clear this is certainly a
cliff. now the talk is from nancy pelosi. go back. now we'll talk about deductions and loopholes on top of that. >> exactly. i think republicans as mitt romney was running for president thought, it would be an alternative to tax increases not in addition to tax increase. >> you know, what, charles? is that a good argument for held the line? is the lesson from this, now the door is open and every single cow will be encouraged to come out of the barn? >> absolutely although...
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Nov 27, 2012
11/12
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cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the republicans said yesterday they accommodated the democrats they will agree to get more money from wealthy people from higher taxes but mitch mcconnell, senate republican leader, he says there has been no similar compromise from the democrats or the president. he says they are still holding out for higher tax rates on the rich and he says the radical left is prescenting the democrats and president and agreeing to serious reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the fu
cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the...
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Aug 1, 2012
08/12
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top lawmakers in congress apparently have reached a deal to avoid what is known as the fiscal cliff. if that is the case, it would prevent a government shutdown and a replay of last summer's ugly standoff. but are they just once again kicking that proverbial can down the road? brand new hour here of "america's newsroom," i'm bill hemmer. martha has some time on this week. how are you? >> i'm great. i'm patti ann brown in for martha today, and that deal reached by senate majority leader harry reid and house speaker john boehner basically just extends the current funding deal and funds the government through the november election and into the new year. bill: jonah goldberg is a fox news contributor, how are you? >> i'm good, bill, how are you? bill: both sides have said, hey, we've got a deal here, but there's been no vote, and in all likelihood, this will not happen until after the august recess. given that, you argue this is a shrewd move for republicans. how so? >> yeah. it's also, i mean, let me start off by saying it's a depressing fact that it's a shrewd move for republicans. i t
top lawmakers in congress apparently have reached a deal to avoid what is known as the fiscal cliff. if that is the case, it would prevent a government shutdown and a replay of last summer's ugly standoff. but are they just once again kicking that proverbial can down the road? brand new hour here of "america's newsroom," i'm bill hemmer. martha has some time on this week. how are you? >> i'm great. i'm patti ann brown in for martha today, and that deal reached by senate majority...